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Retail Investment Opportunity
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3104 E Hwy 158, Midland, TX 79701

For sale retail asset totaling 2,108 SF, described as a 5.75% cap rate property.

Property Size2,108 SF
Days on Market124

Property Features for 3104 E Hwy 158

General Information

Standard status Active
Size 2,108 SF
Property subtype Retail

Additional Details

Cap Rate 5.75%
Listing Agency: Sands Investment Group
Listed By: Elan Sieder · License #CA 01928243
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 5:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group

Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a described 5.75% cap rate and totals 2,108 SF. The listing is focused on the retail use and investment performance framing provided in the remarks.

The property is located at 3104 E Hwy 158 in Midland, TX 79701. No additional tenancy, unit mix, frontage, or condition details were provided in the information available.

Key Highlights

  • Retail property for sale totaling 2,108 SF
  • Stated 5.75% cap rate

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Garden Center Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby
49k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 35% Hotels & Casinos 3% Home Improvements & Furnishings 1%
Whataburger Dining
24,145 visits/mo 0.2 miles
Sunoco Shops & Services
9,365 visits/mo 0.1 miles
Bush's Chicken Dining
5,308 visits/mo 0.3 miles
Stripes Shops & Services
5,195 visits/mo 0.2 miles
Chevron Shops & Services
2,652 visits/mo 0.3 miles

Demographics for 79701, TX

29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail asset totaling 2,108 SF, described as a 5.75% cap rate property.
Where is this retail space located?
The property is located at 3104 E Hwy 158 Midland, TX.
What are key features of this property?
This property features: Retail property for sale totaling 2,108 SF; Stated 5.75% cap rate
More about this property
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